Common use of Stock Certificates; Fractional Shares Clause in Contracts

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this Warrant, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value of one whole share of Common Stock as of such date of exercise as determined by the Company. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 5 contracts

Samples: Purchase Common Stock (Arista Power, Inc.), Arista Power, Inc., Imperial Holdings, LLC

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Stock Certificates; Fractional Shares. As soon as practicable on or ------------------------------------- after the date of any exercise of this WarrantWarrant is exercised, the Company shall issue and deliver to the person or persons entitled to receive the same Holder a certificate or certificates for the number of whole shares of Common Stock Shares issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value then Fair Market Value of one whole share of Common Stock as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 2 contracts

Samples: Kana Software Inc, Kana Software Inc

Stock Certificates; Fractional Shares. As soon as practicable on or ------------------------------------- after the date of any exercise of this WarrantWarrant is exercised, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 2 contracts

Samples: Logicvision Inc, Logicvision Inc

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this Warrantthe Option, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock as of such date of exercise as determined by the Companyexercise. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrantthe Option.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Trestle Holdings Inc), Non Qualified Stock Option Agreement (Trestle Holdings Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after the any date of any exercise of this Warrant, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock Shares issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock Share as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 2 contracts

Samples: Termination Agreement (Herbalife Ltd.), Termination Agreement (Herbalife Ltd.)

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this Warrantsuch date, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value of one whole share of Common Stock as of such date of exercise as determined by the Company. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 2 contracts

Samples: Subscription Agreement (Ener1 Inc), Subscription Agreement (Ener1 Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any an exercise of this Warrant, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 2 contracts

Samples: Warrant (Broadvision Inc), Financial Consulting Agreement (Little Creek Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this WarrantWarrant pursuant to this Section 2, the Company shall issue and deliver to the person or persons entitled to receive the same Holder a certificate or certificates for the number of whole shares of Common Stock Warrant Shares issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock Warrant Shares as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 2 contracts

Samples: Securities Purchase Agreement (NTN Buzztime Inc), NTN Buzztime Inc

Stock Certificates; Fractional Shares. As soon as practicable on or after the any date of any exercise of this WarrantWarrant pursuant to this Section 2, the Company shall issue and deliver to the person Person or persons Persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Warrant Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal rounded to such fraction the nearest number of the current fair market value of one whole share of Common Stock as of such date of exercise as determined by the Companyshares. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Securities Purchase Agreement (Global Resource CORP)

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this Warrantsuch date, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.. INTEL/VELOCOM CONFIDENTIAL

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Velocom Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this Warrantsuch date, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Warrant Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Warrant Stock as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or of scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Agreement (MSH Entertainment Corp /Ca/)

Stock Certificates; Fractional Shares. As soon as practicable on or ------------------------------------- after the date of any exercise of this Warrantsuch date, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Active Software Inc

Stock Certificates; Fractional Shares. As soon as practicable on or after the any date of any exercise of this Warrant, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value of one whole share of Common Stock as of such date of exercise as determined by the Company. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Transbotics Corp

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this Warrant, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share Share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock as of such date of exercise as determined by the Companyexercise. No fractional shares Shares or scrip representing fractional shares Shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Veritas Farms, Inc.

Stock Certificates; Fractional Shares. As soon as practicable on or ------------------ after the date of any an exercise of this Warrant, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: GPN Network Inc

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Stock Certificates; Fractional Shares. As soon as practicable on or after the any date of any exercise of this WarrantWarrant pursuant to this Section 2, the Company shall issue and deliver to the person or persons entitled to receive the same Holder a certificate or certificates for the number of whole shares of Common Stock Warrant Shares issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock Warrant Shares as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Mitek Systems Inc

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this Warrant, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value of one whole share of Common Stock as of such date of exercise as determined by the Company. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.Fair Market

Appears in 1 contract

Samples: First Reserve Corp /Ct/ /Adv

Stock Certificates; Fractional Shares. As soon as practicable on or after the any date of any exercise of this WarrantWarrant pursuant to this Section 2, the Company shall issue and deliver to the person or persons Person entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Asset Purchase Agreement (Accom Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this Warrantdate, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock as of such date of exercise as determined by the Companydate. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Tokheim Corp

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this WarrantExercise Date, the Company shall issue cause to be issued and deliver delivered to the person or persons entitled to receive the same Holder a certificate or certificates for the number of whole shares of Common Stock Warrant Shares issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock Warrant Share as of such date of exercise as determined by the CompanyExercise Date. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Orange 21 Inc.

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this Warrant, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value of one whole share of Common Stock as of such date of exercise as determined by the Company. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Collaboration Agreement (Lixte Biotechnology Holdings, Inc.)

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this Warrantsuch date, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal rounded down to such fraction of the current fair market value of one nearest whole share of Common Stock as of such date of exercise as determined by the Companyshare. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Novell Inc)

Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this Warrantsuch date, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Warrant Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Warrant Stock as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Cooperation Agreement (MSH Entertainment Corp /Ca/)

Stock Certificates; Fractional Shares. As soon as practicable on ------------------------------------- or after the date of any exercise of this WarrantWarrant is exercised, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of whole shares of Common Stock issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the current fair market value Fair Market Value of one whole share of Common Stock as of such the date of exercise as determined by the Companyof this Warrant. No fractional shares or scrip representing fractional shares shall be issued upon an exercise of this Warrant.

Appears in 1 contract

Samples: Viador Inc

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